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To: Moonman62

A stagnant economy means fewer imports thus lower trade deficit and a higher currency.


36 posted on 12/01/2004 1:36:28 PM PST by justshutupandtakeit (Public Enemy #1, the RATmedia.)
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To: justshutupandtakeit
A stagnant economy means fewer imports thus lower trade deficit and a higher currency.

Is that the way it was in the 1970's? There are other factors that affect currency value than the trade deficit.

39 posted on 12/01/2004 1:41:44 PM PST by Moonman62 (Federal Creed: If it moves tax it. If it keeps moving regulate it. If it stops moving subsidize it.)
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